Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated inventory (units), June 1 230 57 Desired inventory (units), June 30 264 50 Expected sales volume (units): Midwest Region 2,100 1,850 South Region 5,450 4,750 Unit sales price $145 $190 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region fill in the blank 546851fde010fce_1 $fill in the blank 546851fde010fce_2 $fill in the blank 546851fde010fce_3 South Region fill in the blank 546851fde010fce_4 fill in the blank 546851fde010fce_5 fill in the blank 546851fde010fce_6 Total fill in the blank 546851fde010fce_7 $fill in the blank 546851fde010fce_8 Model: Thunder Midwest Region fill in the blank 546851fde010fce_9 $fill in the blank 546851fde010fce_10 $fill in the blank 546851fde010fce_11 South Region fill in the blank 546851fde010fce_12 fill in the blank 546851fde010fce_13 fill in the blank 546851fde010fce_14 Total fill in the blank 546851fde010fce_15 $fill in the blank 546851fde010fce_16 Total revenue from sales $fill in the blank 546851fde010fce_17 b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Sonic Inc. Production Budget For the Month Ending June 30 Units Rumble Units Thunder fill in the blank 36a1c7fda00a02a_2 fill in the blank 36a1c7fda00a02a_3 fill in the blank 36a1c7fda00a02a_5 fill in the blank 36a1c7fda00a02a_6 Total units available fill in the blank 36a1c7fda00a02a_7 fill in the blank 36a1c7fda00a02a_8 fill in the blank 36a1c7fda00a02a_10 fill in the blank 36a1c7fda00a02a_11 Total units to be produced fill in the blank 36a1c7fda00a02a_12 fill in the blank 36a1c7fda00a02a_13 Depreciation Direct labor Estimated inventory, June 1 Expected units to be sold Supervisor salaries

Sales and Production Budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget: Rumble Thunder Estimated inventory (units), June 1 230 57 Desired inventory (units), June 30 264 50 Expected sales volume (units): Midwest Region 2,100 1,850 South Region 5,450 4,750 Unit sales price $145 $190 a. Prepare a sales budget. Sonic Inc. Sales Budget For the Month Ending June 30 Product and Area Unit Sales Volume Unit Selling Price Total Sales Model: Rumble Midwest Region fill in the blank 546851fde010fce_1 $fill in the blank 546851fde010fce_2 $fill in the blank 546851fde010fce_3 South Region fill in the blank 546851fde010fce_4 fill in the blank 546851fde010fce_5 fill in the blank 546851fde010fce_6 Total fill in the blank 546851fde010fce_7 $fill in the blank 546851fde010fce_8 Model: Thunder Midwest Region fill in the blank 546851fde010fce_9 $fill in the blank 546851fde010fce_10 $fill in the blank 546851fde010fce_11 South Region fill in the blank 546851fde010fce_12 fill in the blank 546851fde010fce_13 fill in the blank 546851fde010fce_14 Total fill in the blank 546851fde010fce_15 $fill in the blank 546851fde010fce_16 Total revenue from sales $fill in the blank 546851fde010fce_17 b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Sonic Inc. Production Budget For the Month Ending June 30 Units Rumble Units Thunder fill in the blank 36a1c7fda00a02a_2 fill in the blank 36a1c7fda00a02a_3 fill in the blank 36a1c7fda00a02a_5 fill in the blank 36a1c7fda00a02a_6 Total units available fill in the blank 36a1c7fda00a02a_7 fill in the blank 36a1c7fda00a02a_8 fill in the blank 36a1c7fda00a02a_10 fill in the blank 36a1c7fda00a02a_11 Total units to be produced fill in the blank 36a1c7fda00a02a_12 fill in the blank 36a1c7fda00a02a_13 Depreciation Direct labor Estimated inventory, June 1 Expected units to be sold Supervisor salaries

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 6E: Sales and production budgets Sonic Inc. manufactures two models of speakers, Rumble and Thunder....

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Sales and Production Budgets

Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, prepare (a) a sales budget and (b) a production budget:

	Rumble	Thunder
Estimated inventory (units), June 1	230	57
Desired inventory (units), June 30	264	50
Expected sales volume (units):
Midwest Region	2,100	1,850
South Region	5,450	4,750
Unit sales price	$145	$190

a. Prepare a sales budget.

Sonic Inc.
Sales Budget
For the Month Ending June 30
Product and Area	Unit Sales Volume	Unit Selling Price	Total Sales
Model: Rumble
Midwest Region	fill in the blank 546851fde010fce_1	$fill in the blank 546851fde010fce_2	$fill in the blank 546851fde010fce_3
South Region	fill in the blank 546851fde010fce_4	fill in the blank 546851fde010fce_5	fill in the blank 546851fde010fce_6
Total	fill in the blank 546851fde010fce_7		$fill in the blank 546851fde010fce_8
Model: Thunder
Midwest Region	fill in the blank 546851fde010fce_9	$fill in the blank 546851fde010fce_10	$fill in the blank 546851fde010fce_11
South Region	fill in the blank 546851fde010fce_12	fill in the blank 546851fde010fce_13	fill in the blank 546851fde010fce_14
Total	fill in the blank 546851fde010fce_15		$fill in the blank 546851fde010fce_16
Total revenue from sales			$fill in the blank 546851fde010fce_17

b. Prepare a production budget. For those boxes in which you must enter subtracted or negative numbers use a minus sign.

Sonic Inc.
Production Budget
For the Month Ending June 30
	Units Rumble	Units Thunder
	fill in the blank 36a1c7fda00a02a_2	fill in the blank 36a1c7fda00a02a_3
	fill in the blank 36a1c7fda00a02a_5	fill in the blank 36a1c7fda00a02a_6
Total units available	fill in the blank 36a1c7fda00a02a_7	fill in the blank 36a1c7fda00a02a_8
	fill in the blank 36a1c7fda00a02a_10	fill in the blank 36a1c7fda00a02a_11
Total units to be produced	fill in the blank 36a1c7fda00a02a_12	fill in the blank 36a1c7fda00a02a_13

Depreciation
Direct labor
Estimated inventory, June 1
Expected units to be sold
Supervisor salaries

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